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6 Tricks to Save More Money in 2015

Prairie Eco-Thrifter

Would you like to end 2015 with a bigger bank account than you currently have? Earmark this money for an emergency fund, a new car fund, a vacation fund, whatever you would like. Then, you’re continually building a slush fund in your checking account. Put your emergency fund in an inconvenient bank.

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Create your debt freedom plan

Family Balance Sheet

We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. The point of the starter emergency fund is to get you through until you pay off your non-mortgage debts, at which point, you build a more extensive fund. How to Build your Emergency Fund.

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Take Control of Your Money in 2015

Family Balance Sheet

And 2015 is no different. Tantrum aside, it’s still going to take years, but there is room for us to make some considerable progress in 2015. In 2015, I will be sharing our journey to significantly reduce our debt. My Themes for 2015: 1. In 2015, the monthly challenge will be the Choose Thrift First Challenge.

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Over 40 and Worried about Money? Start here!

Family Balance Sheet

Start Saving for your Emergency Fund TODAY! If you are part of 70% of Generation X that has less than $1000 in personal savings account, start saving today for your emergency fund, whether it is the starter $1000 emergency fund that Dave Ramsey promotes, or it is 3-6 months of expenses. Where We Stand.

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2019 Debt Freedom Plan Update

Family Balance Sheet

1 – Save a starter Home Emergency Fund. Dave Ramsey suggests to have a starter emergency fund of $1000 while focusing on paying off non-mortgage debt. We have definitely dipped into this fund often, so I’m glad I strayed from his advice here. 2 – Increase business emergency savings.

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Our 2018 Financial Goals

Family Balance Sheet

Save a starter Home Emergency Fund. Dave Ramsey suggests to have a starter emergency fund of $1000 while focusing on paying off non-mortgage debt. It has come in handy many times and if we need to use the money, we pause extra debt payments until we get back to our fund amount.| Increase business emergency savings.

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2012 Financial Goals

Family Balance Sheet

We have set a goal date of July 2015 to pay off all of our debt. Increase Family Emergency Fund to Six Months Salary. We are still working through some numbers and there might be some adjustments in the timelines we have given ourselves, but these are our financial priorities for 2012. Our 2012 Financial Goals. Finish Will.